The prestigious Pottsville Club at 201 S. 26th Street, Pottsville, a social gathering for business people for more than 100 years, soon will be history as members were informed of its closing in October.
The main reason, a suit was filed by Miners Bank, of Pottsville, Monday in Schuylkill County court seeking to foreclose on the property for alleged default in mortgage payments.
The club took out a mortgage in 2007 for $420,000 and the bank filed suit claiming the balance on the principal of $401,816.78 remains unpaid plus interest. A judgement is sought by the bank for $414,409.51 together with interest dating fro Sept. 6, plus a $55.04 interest daily charge until the sheriff sale.
When the club was organized it was for business people to have a place for lunch and dinners and was housed in a building in the 300 block on Mahantongo Street.
The current building constructed in the western part of the city was originally a chateau built by the late President Judge James J. Curran with a an adjoining ski slope.
Because of the lack of snow for two mild winters the skiing resort went out of business and the building was sold to members of the Pottsville Club. Under the club charter if the club disbands any assets would go to charity.